Question: Question 4 Cory issued a note to his creditor in exchange for an account. Cory records the transaction as follows: debit Notes Payable; credit Accounts

 Question 4 Cory issued a note to his creditor in exchange

Question 4 Cory issued a note to his creditor in exchange for an account. Cory records the transaction as follows: debit Notes Payable; credit Accounts Payable. . debit Notes Receivable; credit Accounts Receivable. debit Accounts Payable; credit Notes Payable. debit Accounts Receivable; credit Notes Payable

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